The trading volume of Bitcoin’s Hong Kong ETF on the first day was less than expected #bitcoin #bitcoin #blockchain #Ethereum #cryptocurrency #virtual currency #currency circle #stock market #etf #Hong Kong

Hello everyone, this is Fengkou Finance, with insights into the veins of wealth, you will come back after all your money is gone. Today I want to talk to you about the first-day trading volume of the spot Bitcoin and Ethereum ETFs listed in Hong Kong. The trading volume was lower than expected.
As the price of Bitcoin continues to fall back to the $57,000 level, and may usher in a fall in April after seven consecutive months of gains, Hong Kong has listed spot Bitcoin ETFs and Ethereum ETFs as scheduled. This move makes Hong Kong the second securities market in the world after the United States and the first in Asia to launch spot Bitcoin and Ethereum ETFs. Unlike the Bitcoin ETF in the United States, the Hong Kong ETF supports both Bitcoin and Ethereum, and supports the creation and redemption of cash and spot, showing the further development of its market in cryptocurrency financial product innovation.